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Green Growth and Green Economy

At the global level, green economy was called on by Rio+20 Summit in 2012. Asia and the Pacific have already pioneered the concept of green growth in 2005. Green growth – as a pre-requisite for building a green economy in the context of sustainable development and poverty reduction – was brought into the context of intergovernmental discussions for the first time at the Fifth Ministerial Conference on Environment and Development (MCED) in Asia and the Pacific held in 2005 in Seoul, Republic of Korea.